PRESTIGE PARKLANE — New Project Coming Up in KIADB Phase 2, Devanahalli, Bangalore

Location and Masterplan

Prestige Parklane is in Phase 2 of the KIADB Hi-Tech, Defence and Aerospace Park at Devanahalli, North Bangalore, the industrial area that runs alongside Kempegowda International Airport. The project is a 32.26 acre master planned development with homes occupying 11.91 acres of it.

The site is distinctive in its design: a main boulevard runs through the middle of the site, and the two halves are planned to work without getting in each other's way. The remaining 20.35 acres are the enterprise estate: three data centres, a warehouse block, a manufacturing block and a dedicated 220 KV substation. This mixed-use model allows the residential community and working industrial estate to coexist within a single address.

Residential Configuration

The project includes 1,788 apartments in 1, 2 and 3 BHK across 11.91 acres. These are arranged in 9 elegantly designed towers rising up to G+24 floors.

The towers are arranged as an arc around a landscaped central park, so the homes look onto the park and its amenities rather than onto the road or the estate opposite. This arc configuration creates visual separation between the residential precinct and the surrounding employment estate.

Pricing and Configuration Details

The project is RERA registered, with 1 BHK apartments ranging from 567 to 571 sq ft and starting at around ₹65 lakh. 2 BHK apartments range from 828 to 880 sq ft, with prices starting at around ₹90 lakh, while larger 2 BHK units of 1,087 to 1,103 sq ft start at around ₹1.15 crore. For 3 BHK homes, sizes range from 1,445 to 1,801 sq ft, with prices starting at around ₹1.50 crore for smaller units and going up to around ₹1.89 crore for larger units.

Connectivity and Infrastructure

The development benefits from excellent connectivity to Kempegowda International Airport, Devanahalli, Yelahanka, Hebbal, Bellary Road, and key business hubs of North Bangalore. The location sits close to Kempegowda International Airport, the upcoming STRR, and the KIADB Hi-Tech Defence & Aerospace ecosystem, with schools, hospitals, and retail infrastructure developing across the surrounding North Bengaluru corridor.

Power infrastructure is planned inside the estate boundary rather than drawn from the surrounding grid alone.

Amenities and Community Design

Planned amenities include a 50,000 sq. ft. clubhouse, swimming pool, kids' pool, gymnasium, mini-theatre, yoga deck, meditation zone, spa & wellness room, and amphitheatre. The landscaped central park forms the visual focus for residents.

Regulatory Status

Prestige Parklane is officially registered with Karnataka RERA (PRM/KA/RERA/1251/309/PR/150926/008941) and cleared by local city authorities (BBMP and BDA). All paperwork is complete, giving the project full legal permission to move forward.

The Developer

Prestige Group is one of South India's most established developers, with a multi-decade track record and a large, completed and ongoing portfolio across residential, retail, hospitality, and commercial real estate. As of July 2026, Prestige Group has completed 313+ projects and delivered over 206 million sq. ft. across India. The firm is based in Bangalore and currently operates in 13 cities across the country, with its head office at Prestige Falcon Towers, No. 19 Brunton Road, Bangalore – 560 025, Karnataka, India.

CRISIL has awarded the company a CRISIL DA1+ grading and it holds an ICRA A+ credit rating.